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At a 12 percent annual discount rate, find the present value of a four-year ordinary annuity contract of $550 payments? Find the present value of

At a 12 percent annual discount rate, find the present value of a four-year ordinary annuity contract of $550 payments?

Find the present value of the same contract if it is an annuity due?

Please shows all the formula and steps. Don't round off until you get to the end.

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